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World Bank

African Development Bank debars CHINT Electric for 36 months for fraudulent practices

May 9, 2018 Steven Addamah 0

The African Development Bank Group (AfDB) announced on Monday the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a power transmission and distribution […]

Kagame appoints female CEO for national carrier RwandAir

April 9, 2018 Steven Addamah 0

Rwanda’s President Paul Kagame has appointed Yvonne Manzi Makolo as Chief Executive Officer (CEO) of Rwanda’s national carrier, RwandAir. Makolo’s appointment was part of a […]

São Tomé and Príncipe gets $10 million boost from the World Bank

March 9, 2018 Steven Addamah 0

The World Bank will provide about $10 million to finance social projects in São Tomé and Príncipe. The projects will help the West African archipelago […]

Preventing violent conflict could save up to $70 billion a year – World Bank

March 5, 2018 Steven Addamah 0

Preventing violent conflict in Africa could save lives and save an average of $70 billion a year, according to a study released Monday by the […]

Week-long national prayers kick-off in Burundi

December 27, 2017 Geraldine Boechat 0

Thousands of Burundians have gathered at the stadium of the province of Kayanza for a week-long prayer organized by President Pierre Nkurunziza and his family. […]

Cairo seeks World Bank intervention in Ethiopia’s Nile dam saga

December 27, 2017 Khalid Al Mouahidi 0

The Egyptian government on Tuesday requested that the World Bank intervene to resolve tensions with Ethiopia over a massive dam on the Nile River. According […]

Morocco Receives $200 Mln WB Loan to Boost Agri-business Sector

December 22, 2017 Khalid Al Mouahidi 0

The World Bank has lent Morocco $200 million to help the North African Kingdom strengthen its agricultural value chains for greater inclusion of small and […]

World Bank, AFD Partner with Morocco in support of AAA initiative

December 13, 2017 Khalid Al Mouahidi 0

The World Bank and the French Development Agency (AFD) decided to partner with Morocco to implement the Adaptation of African Agriculture Initiative, through a one […]

World Bank downgrades Kenya growth forecast

December 7, 2017 Khalid Al Mouahidi 0

The World Bank on Wednesday said it has slashed 2017 growth forecast for Kenya’s economy to 4.9 percent due to drought, sluggish credit growth and […]

Switzerland to return $321m confiscated funds to Nigeria

December 5, 2017 Geraldine Boechat 0

Switzerland will soon return to the Nigerian government $321m confiscated from Nigerian dictator Sani Abacha’s clan, Swiss government said on Monday. According to Transparency International, […]

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News

  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty

    February 13, 2026 0
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting

    February 13, 2026 0
  • On High Royal Instructions and In response to Severe Flooding, Morocco Implements Expanded Aid Program and Major Support Assistance

    February 12, 2026 0
  • Tropical Cyclone Gezani Leaves 31 Dead and Thousands Displaced in Madagascar

    February 12, 2026 0
  • South Sudan: UN Warns Escalating Violence Threatens South Sudan Peace Deal

    February 12, 2026 0

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  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
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